Inferra AI / Company / UPST
Upstart Holdings, Inc.
UPST · Financials
No earnings release for Upstart Holdings, Inc. is held in this edition of the library, so no earnings line is shown.
Key results
Total revenuequarter
$365 million
Total Revenue $365 million, up 42% YoY.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Growthquarter
up 42%
Total Revenue $365 million, up 42% YoY.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Revenuequarter
$348 million
Revenue from fees was $348 million, up 45% YoY.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Net incomequarter
$16.5 million
Net Income $16.5 million , up 195% YoY from $5.6 million in Q2 2025.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Diluted net incomequarter
$0.16
Diluted net income per share was $0.16 compared with $0.05 in Q2 2025.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Unsecured revenuequarter
$326 million
Results by Product Category 1 Unsecured Revenue from fees was $326 million, up 38% YoY.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Total Revenue of approximately $1.4 billion Revenue From Fees of approximately $1.3 billion Adjusted EBITDA (Margin % of Total Revenue) of approximately $294 million (21%) 1 This disaggregation does not represent the Company s operating segments under U.S. GAAP.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
AI analysis
Q2 2026 · reported Aug 4, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Aug 4, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Total revenue | $365 million | — | — |
| Growth | up 42% | — | — |
| Revenue | $348 million | — | — |
| Net income | $16.5 million | — | — |
| Diluted net income | $0.16 | — | $0.05 |
| Unsecured revenue | $326 million | — | — |
Guidance · company-stated
“(Margin % of Total Revenue) of approximately $294 million”
Guidance stated in the release's Business Outlook table for full-year 2026; no direction stated — figures as stated in the table.
Capital allocation
(3) For the three and six months ended June 30, 2026, interest income and interest expense include dividend income earned on certain cash accounts and expense on convertible senior notes, respectively, which were previously included in other income, net.
We calculate Adjusted EBITDA as net income (loss) adjusted to exclude stock-based compensation expense and certain payroll tax expenses, depreciation and amortization, expense on convertible notes, provision for income taxes, gain on debt extinguishment, net gain on lease modification and reorganization expenses, as applicable.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +256.2% computed from stated figures
Event summary
Upstart Announces Second Quarter 2026 Results
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Revenue: “Revenue From Fees of approximately $1.3 billion”
Adjusted EBITDA: “Adjusted EBITDA (Margin % of Total Revenue) of approximately $294 million”
Revenue (“full-year 2026”)
“Revenue From Fees of approximately $1.3 billion”
Adjusted EBITDA (“full-year 2026”)
“Adjusted EBITDA (Margin % of Total Revenue) of approximately $294 million”
Guidance stated in the release's Business Outlook table for full-year 2026; no direction stated — figures as stated in the table.
Capital allocation
(3) For the three and six months ended June 30, 2026, interest income and interest expense include dividend income earned on certain cash accounts and expense on convertible senior notes, respectively, which were previously included in other income, net.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
We calculate Adjusted EBITDA as net income (loss) adjusted to exclude stock-based compensation expense and certain payroll tax expenses, depreciation and amortization, expense on convertible notes, provision for income taxes, gain on debt extinguishment, net gain on lease modification and reorganization expenses, as applicable.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Adjusted EBITDA and Adjusted EBITDA Margin include interest expense from corporate debt and warehouse credit facilities which is incurred in the course of earning corresponding interest income.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
(2) For the three and six months ended June 30, 2026, interest income and interest expense include dividend income earned on certain cash accounts and expense on convertible senior notes, respectively, which were previously included in other income, net.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
During the first quarter of 2026, the Company revised its presentation of (i) interest expense and amortization of debt issuance costs related to its convertible senior notes and (ii) dividend income earned on certain cash accounts based on management s updated assessment of the economics of capital deployed in support of the Company s operations, including the related income and costs.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Dividend income earned on certain cash accounts previously included in other income, net is now presented within interest income in total interest income, interest expense, and fair value adjustments, net in the condensed consolidated statements of operations and comprehensive income.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Strategy & priorities
In some cases, you can identify forward-looking statements because they contain words such as may, will, should, expect, plan, anticipate, seek, could, would, intend, target, aim, project, contemplate, believe, estimate, predict, potential, or continue, or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Risks & headwinds
Forward-looking statements are based on information available at the time those statements are made or management s good faith beliefs and assumptions as of that time with respect to future events, including assumptions regarding macroeconomic conditions, credit performance, funding availability, and competitive dynamics, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
More information about factors that could affect our results of operations and risks and uncertainties are provided in our public filings with the Securities and Exchange Commission (the SEC ), including Risk Factors in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained by visiting our investor relations website at ir.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Upstart has not reconciled the forward-looking non-GAAP measures to comparable forward-looking GAAP measures because of the potential variability and uncertainty of incurring these costs and expenses in the future.
SEC original ↗Upstart Holdings, Inc. — Earnings release (8-K exhibit)EX-99Aug 4, 2026
Legal Proceedings 88 Item 1A.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors, including those described in the section titled Risk Factors and elsewhere in this report.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Readers are urged to carefully review and consider the various disclosures made in this report and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business.
SEC original ↗Upstart Holdings, Inc. — 10-Q Quarterly report10-QAug 4, 2026
Earnings deck slides
0 decks with slide viewUpstart Holdings, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Upstart Holdings, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Upstart Holdings, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Upstart Holdings, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Upstart Holdings, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
26 documents- Q3 2026
- 8-KUPST
Oct 20, 2026
- Q2 2026
- 10-QUPST
- 8-KUPST
Aug 4, 2026
- Q1 2026
- 8-KUPST
May 28, 2026
- 8-KUPST
May 19, 2026
- 10-QUPST
- 8-KUPST
May 5, 2026
- Q4 2025
- 8-KUPST
Mar 10, 2026
- 8-KUPST
Feb 19, 2026
- EX-99UPST
Feb 19, 2026
- 10-KUPST
Feb 10, 2026
- 8-KUPST
Feb 10, 2026
- 8-KUPST
Feb 10, 2026
- Q3 2025
- 10-QUPST
- 8-KUPST
Nov 4, 2025
- Q2 2025
- 8-KUPST
Aug 14, 2025
- 8-K/AUPST
- 10-QUPST
- 8-KUPST
Aug 5, 2025
- Q1 2025
- 8-KUPST
May 23, 2025
- 10-QUPST
- 8-KUPST
May 6, 2025
- 8-KUPST
May 2, 2025
- Q4 2024
- 8-KUPST
Feb 19, 2025
- 8-KUPST
Feb 14, 2025
- 10-KUPST
Feb 14, 2025
Earnings releases
4 documentsPresentations
5 documents
Transcripts
0 documentsNo transcripts for Upstart Holdings, Inc. are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Upstart Holdings, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“holders YTD, including $131.5mm from share repurchases • Announced the sale of $98.1mm of Upstart loans, which accelerates the disposition of this runoff… …conditions and trends related to housing markets, costs of living, unemployment levels, intere”
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